Commodity Hedge Fund Manager Chris Levett Departs Moore Capital

Commodities specialist Chris Levett is among three London-based executives who have departed Moore Capital Management LLC, the hedge-fund firm run by billionaire Louis Bacon said on Tuesday.

Levett, who oversaw as much as $5.1 billion for one of the world’s biggest commodity funds at Clive Capital LLP before joining Moore in 2014, left last week along with Austin Brown and Michael Lawson, records with the Financial Conduct Authority show.

A spokeswoman for Moore Capital confirmed the departures.

Brown joined the firm in 2013 from Caxton Associates LLC where he focused on industrial metals, while Lawson joined from Clive Capital in 2014. London-based Clive closed in 2013 after posting losses.